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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
WARNING TO ALL U.S. INVESTORS (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
10 Ways Entrepreneurs Can Navigate a Down Economy
Laser breakthrough could send stock soaring 2,467% (Ad)
PwC Australia sidelines 9 directors as leak of tax information investigated
South African president appoints judge to oversee weapons-for-Russia inquiry
Free SMS Trade Alerts. Up to 15 opportunities a day. (Ad)
Drought-struck Barcelona quenches thirst with costly desalination
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
NYSE:BLND

Blend Labs (BLND) Stock Forecast, Price & News

$0.92
+0.04 (+3.94%)
(As of 05/26/2023 07:00 PM ET)
Compare
Today's Range
$0.80
$0.99
50-Day Range
$0.55
$1.11
52-Week Range
$0.53
$3.85
Volume
1.31 million shs
Average Volume
1.70 million shs
Market Capitalization
$215.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.24

Blend Labs MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
142.8% Upside
$2.24 Price Target
Short Interest
Bearish
10.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Blend Labs in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$299,857 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.77) to ($0.55) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.87 out of 5 stars

Computer And Technology Sector

463rd out of 618 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

43rd out of 61 stocks


BLND stock logo

About Blend Labs (NYSE:BLND) Stock

Blend Labs, Inc. provides cloud-based software platform solutions for financial services firms in the United States. It operates in two segments, Blend Platform and Title365. The company offers a suite of white-label products for mortgages, home equity loans and lines of credit, vehicle loans, personal loans, credit cards, and deposit accounts. It also provides a suite of mortgage products that facilitates homeownership journey for consumers comprising close, income verification for mortgage, homeowners insurance, and realty. In addition, the company offers title search procedures for title insurance policies, escrow, and other closing and settlement services, as well as other trustee services; and professional and consulting services. It serves banks, credit unions, financial technology companies, and non-bank mortgage lenders. Blend Labs, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.

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BLND Stock News Headlines

Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
7 Analysts Have This to Say About Blend Labs
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
Recap: Blend Labs Q1 Earnings
Preview: Blend Labs's Earnings
Blend Labs (BLND) to Release Earnings on Tuesday
Comparing Blend Labs (NYSE:BLND) & Similarweb (NYSE:SMWB)
See More Headlines
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BLND Company Calendar

Last Earnings
3/16/2023
Today
5/29/2023
Next Earnings (Estimated)
8/21/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
1,546
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.24
High Stock Price Forecast
$4.00
Low Stock Price Forecast
$1.30
Forecasted Upside/Downside
+142.8%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-720,170,000.00
Net Margins
-379.35%
Pretax Margin
-376.57%

Debt

Sales & Book Value

Annual Sales
$235.20 million
Cash Flow
$0.78 per share
Book Value
$0.55 per share

Miscellaneous

Free Float
196,975,000
Market Cap
$215.36 million
Optionable
Not Optionable
Beta
0.33

Key Executives

  • Mr. Nima Ghamsari (Age 37)
    Co-Founder, Chairman, CEO & Head of Blend
    Comp: $326.25k
  • Mr. Timothy J. Mayopoulos (Age 64)
    Pres & Director
    Comp: $1.01M
  • Mr. Erin James Collard (Age 43)
    Co-Founder & Director
  • Ms. Crystal SumnerMs. Crystal Sumner (Age 39)
    Head of Legal, Compliance and Risk & Corp. Sec.
    Comp: $376.35k
  • Mr. Rosco Hill
    Co-Founder
  • Mr. Marc S. Greenberg (Age 52)
    Head Of Fin. and Facilities & Principal Financial Officer
  • Mr. Sebastian Joll
    Head of Customer Success & Operations
  • Mr. Manish Gupta (Age 51)
    Controller & Principal Accounting Officer
  • Mr. Dan L. Smith
    Head of Treasury & Investor Relations
  • Mr. Naman Khan
    Head of Marketing













BLND Stock - Frequently Asked Questions

Should I buy or sell Blend Labs stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Blend Labs in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" BLND shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BLND, but not buy additional shares or sell existing shares.
View BLND analyst ratings
or view top-rated stocks.

What is Blend Labs' stock price forecast for 2023?

5 equities research analysts have issued 12-month target prices for Blend Labs' shares. Their BLND share price forecasts range from $1.30 to $4.00. On average, they expect the company's share price to reach $2.24 in the next twelve months. This suggests a possible upside of 142.8% from the stock's current price.
View analysts price targets for BLND
or view top-rated stocks among Wall Street analysts.

How have BLND shares performed in 2023?

Blend Labs' stock was trading at $1.44 at the beginning of 2023. Since then, BLND stock has decreased by 35.9% and is now trading at $0.9231.
View the best growth stocks for 2023 here
.

Are investors shorting Blend Labs?

Blend Labs saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 11,070,000 shares, an increase of 5.6% from the April 15th total of 10,480,000 shares. Based on an average daily volume of 1,820,000 shares, the short-interest ratio is currently 6.1 days. Approximately 7.2% of the company's shares are short sold.
View Blend Labs' Short Interest
.

When is Blend Labs' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023.
View our BLND earnings forecast
.

How were Blend Labs' earnings last quarter?

Blend Labs, Inc. (NYSE:BLND) issued its earnings results on Thursday, March, 16th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.18) by $0.15. The firm earned $42.79 million during the quarter, compared to analysts' expectations of $44.60 million. Blend Labs had a negative trailing twelve-month return on equity of 172.11% and a negative net margin of 379.35%.

What ETFs hold Blend Labs' stock?

ETFs with the largest weight of Blend Labs (NYSE:BLND) stock in their portfolio include Global X FinTech Thematic ETF (FINX),

What guidance has Blend Labs issued on next quarter's earnings?

Blend Labs updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $39.50 million-$41.00 million, compared to the consensus revenue estimate of $39.96 million.

When did Blend Labs IPO?

(BLND) raised $340 million in an initial public offering on Friday, July 16th 2021. The company issued 20,000,000 shares at $16.00-$18.00 per share.

What is Blend Labs' stock symbol?

Blend Labs trades on the New York Stock Exchange (NYSE) under the ticker symbol "BLND."

Who are Blend Labs' major shareholders?

Blend Labs' stock is owned by a number of retail and institutional investors. Top institutional shareholders include General Atlantic L.P. (8.20%), BlackRock Inc. (5.10%), ShawSpring Partners LLC (4.45%), State Street Corp (1.65%), Geode Capital Management LLC (1.40%) and FMR LLC (0.72%). Insiders that own company stock include Crystal Sumner, Jonathan Y Chan, Nima Ghamsari and Timothy J Mayopoulos.
View institutional ownership trends
.

How do I buy shares of Blend Labs?

Shares of BLND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Blend Labs' stock price today?

One share of BLND stock can currently be purchased for approximately $0.92.

How much money does Blend Labs make?

Blend Labs (NYSE:BLND) has a market capitalization of $215.36 million and generates $235.20 million in revenue each year. The company earns $-720,170,000.00 in net income (profit) each year or ($3.26) on an earnings per share basis.

How many employees does Blend Labs have?

The company employs 1,546 workers across the globe.

How can I contact Blend Labs?

Blend Labs' mailing address is 415 KEARNY ST., SAN FRANCISCO CA, 94108. The official website for the company is www.blend.com. The company can be reached via phone at 650-550-4810 or via email at ir@blend.com.

This page (NYSE:BLND) was last updated on 5/29/2023 by MarketBeat.com Staff

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